Gammon Construction, a joint venture between Balfour Beatty and Jardine Matheson, has secured a contract worth HKD4bn (about £370m) to build a large scale residential development in Hong Kong.
The project, known as Lohas Park Package 9, is being developed by Wheelock and Company, a property group based in Hong Kong.
Located at Tseung Kwan O bay in the Sai Kung District, New Territories, the development will include the construction of three 54-56 storey high residential towers on a five-level podium, which will provide a development covering more than one million ft².
Gammon CEO Thomas Ho said: “This is the fourth project Gammon will be delivering for Wheelock and Company Limited in the Tseung Kwan O bay area. Gammon’s technical competence and its expertise in high quality developments have enabled us to secure this prestigious contract.”
Gammon will implement the latest BIM and 3D scanning technologies in order to ensure safe and efficient project delivery.
Furthermore, the firm will introduce the concept of Design for Manufacturing and Assembly (DfMA) during the course of construction to improve productivity and safety performance.
The project is aimed to receive HK BEAM Plus Standards certification, which requires a reduction in the environmental impact of the development and an improvement in environmental quality and end-user satisfaction.
Work on the residential development will commence later this year and is scheduled for completion in 2021. The project will employ 1,500 people during its peak construction period.
Gammon’s current projects include - Plantation Road, a HKD800m (about £79m) deluxe residential development project in Hong Kong, the HKD3bn development of eight medium rise residential blocks and four houses with a two-level basement overlooking Tai Po’s Tolo Harbour in Northern Hong Kong.
The company is also executing the HKD1.6bn Lee Garden Three Project, a building with 20 floors of offices sitting above a five-level podium of retail and food outlets.